Cámara de Comercio, Industria y Servicios: Actividad comercial en Caracas registra crecimiento moderado con respecto a 2024 Commercial activity in Caracas is experiencing slower growth in 2025 compared to 2024, driven by challenges such as 200% annual inflation, currency devaluation, and fiscal pressure. The depreciation of the bolívar significantly impacts inventory costs and restocking for businesses in the capital. Despite these difficulties, there is optimism for a year-end rebound due to the Christmas season.

• Commercial activity in Caracas shows decelerated growth in 2025 compared to 2024.
• Key challenges include 200% annual inflation and the devaluation of the bolívar.
• Fiscal pressure and tax burden negatively affect the operational capacity of the commercial sector.
• The sliding official exchange rate impacts cost structures and inventory replenishment for businesses.
• Collaboration between public and private sectors with consumers is considered crucial for overcoming economic challenges.
• Optimism exists for a repunte in the final two months of the year due to the Christmas season.